No Conflict, Etc Clause Samples
The "No Conflict, Etc" clause serves to confirm that entering into the agreement does not violate any existing obligations, contracts, or legal restrictions of the signing party. In practice, this means the party represents that they are not bound by other agreements, court orders, or commitments that would interfere with their ability to fulfill the terms of the current contract. This clause helps ensure that the agreement is legally enforceable and that neither party will face unexpected legal challenges or breaches due to undisclosed prior commitments.
No Conflict, Etc. The execution, delivery and performance of this Agreement by such Borrower will not violate or cause a default under any Applicable Law or Material Contract of such Borrower and will not result in, or require, the creation or imposition of any Lien on any of its properties or revenues, other than Permitted Liens.
No Conflict, Etc. The execution, delivery and performance of this Amendment by such Borrower will not violate or cause a default under any Applicable Law or Material Contract of such Borrower and will not result in, or require, the creation or imposition of any Lien on any of its properties or revenues, other than Permitted Liens.
No Conflict, Etc. The execution, delivery and performance by Purchaser of this Agreement and each other document to be delivered by Purchaser hereunder, (i) is within Purchaser’s trust or other organizational powers, (ii) has been duly authorized by all necessary organizational action, and (iii) does not contravene (A) Purchaser’s Organizational Documents, (B) any contractual restriction binding on or affecting Purchaser or its property, or (C) any order, writ, judgment, award, injunction or decree binding on or affecting Purchaser or its property, except, in the case of clauses (iii)(B) and (C), to the extent such contravention would not reasonably be expected to result in a Purchaser MAE. The Agreement has been duly executed and delivered by Purchaser. None of the Purchaser Knowledge Persons have received any oral or written notice from Account Debtor that the execution, delivery and performance by Seller or Purchaser of this Agreement or any other document to be delivered by Seller or Purchaser hereunder contravenes any law, rule or regulation of Account Debtor. The execution, delivery and performance by Purchaser of this Agreement and each other document to be delivered by Purchaser hereunder does not contravene any law, rule or regulation applicable to Purchaser, except to the extent such contravention would not reasonably be expected to result in a Purchaser MAE.
No Conflict, Etc. The execution and delivery and performance of this Amendment by the Borrower and each of the other Credit Parties will not violate any federal, state or any other material law, rule, regulation or order or material contractual obligation of such Person in any material respect and will not result in, or require, the creation or imposition of any Lien (other than the Liens created by the Collateral Documents) on any of its Properties or revenues.
No Conflict, Etc. The execution and delivery and performance of this Agreement by such Credit Party will not violate any law, rule, regulation or order or contractual obligation of such Credit Party and will not result in, or require, the creation or imposition of any Lien on any of its properties or revenues.
No Conflict, Etc. The execution, delivery and performance of this Amendment by the Borrowers will not violate or cause a default under any Loan Document, Applicable Law or material contract of any Borrower and will not result in or require the creation or imposition of any Lien on any of its properties or revenues, other than permitted liens set forth in Section 10.2.2 of the Amended Loan Agreement.
No Conflict, Etc. The execution, delivery and performance by Company of this Agreement and each other document to be delivered by Company hereunder, (i) are within Company's corporate or other organizational powers, (ii) have been duly authorized by all necessary corporate or other organizational action, and (iii) do not contravene (A) Company's organizational documents, (B) any contractual restriction binding on or affecting Company or its property, or (C) any order, writ, judgment, award, injunction or decree binding on or affecting Company or its property. This Agreement has been duly executed and delivered by Company. No competing notice of assignment or payment instruction or other notice inconsistent with the transactions contemplated in this Agreement is in effect with respect to any Invested Receivable.
No Conflict, Etc. The execution, delivery and performance by Seller or Servicer (as the case may be) of this Agreement, each Purchase Request and each other document to be delivered by Seller and Servicer hereunder, (i) are within its corporate or other organizational powers, (ii) have been duly authorized by all necessary corporate or other organizational action, and (iii) do not contravene (A) its Organizational Documents, (B) any law, rule or regulation applicable to it, (C) any contractual restriction binding on or affecting it or its property, or (D) any order, writ, judgment, award, injunction or decree binding on or affecting it or its property. The Agreement has been duly executed and delivered by Seller and Servicer. Each of Seller and Servicer have furnished to Purchaser a true, correct and complete copy of its Organizational Documents, including all amendments thereto.
No Conflict, Etc. The execution, delivery and performance by each Seller of this Agreement, each Purchase Request and each other document to be delivered by such Seller hereunder, (i) are within such Seller’s corporate or other organizational powers, (ii) have been duly authorized by all necessary corporate or other organizational action, and (iii) do not contravene (A) such Seller’s Organizational Documents, (B) any law, rule or regulation applicable to such Seller, (C) any contractual restriction binding on or affecting such Seller or its property, or (D) any order, writ, judgment, award, injunction or decree binding on or affecting such Seller or its property. The Agreement has been duly executed and delivered by each Seller. Each Seller has furnished to Purchaser a true, correct and complete copy of its Organizational Documents, including all amendments thereto.
No Conflict, Etc. No provision of this Agreement or of the Note or the other Loan Documents shall be deemed in conflict with any other provision thereof, and the BORROWER acknowledges that no such provisions or any interpretation thereof shall be deemed to diminish the rights of the BANK, any assignee, or the holder or holders of the Note under the terms and conditions or any other provisions thereof. BANK may at its option exhaust its remedies hereunder, under the Note, and under the other Loan Documents, either concurrently or independently, and in such order as it may determine.